There are perfectly legal ways to defer capital gains tax and reduce your overall tax burden. Those of you who own highly appreciated assets such as homes, businesses, commercial and residential real estate, even high value collectibles, are often reluctant to sell that asset because of the capital gains tax and depreciation recapture costs associated with the sale. There … [Read more...] about What are the Differences Between a Deferred Sales Trust (DST) and a Charitable Remainder Trust (CRT)?
The Tale of Two DST’s – Delaware Statutory Trust vs Deferred Sales Trust
This article was originally posted on Reef Point, LLC The difference between a Delaware Statutory Trust and a Deferred Sales Trust Many people who own or would like to own investment real estate may be familiar with the abbreviation “DST.” It is entirely possible that they could be exposed to two differently described DST’s and wonder if they are one and the same, or … [Read more...] about The Tale of Two DST’s – Delaware Statutory Trust vs Deferred Sales Trust
Is My Living Trust Obsolete?
A revocable living trust is a valuable tool to protect and preserve your assets both for you, your children and future generations. A living trust can help you avoid the unnecessary costs and delays associated with Probate and can help you minimize or avoid estate and inheritance taxes. Like any plan, your living trust should be reviewed periodically to ensure that it … [Read more...] about Is My Living Trust Obsolete?
The Use of Alternative Investments within the Deferred Sales Trust
The Deferred Sales Trust is designed so that the proceeds of the sale of a business, real property or highly appreciated collectables can achieve tax deferred status. The original seller of the appreciated asset first sells the asset to the Trustee of the Trust, who then “re-sells” the property to the intended buyer. The transaction is effectively completed in what could be … [Read more...] about The Use of Alternative Investments within the Deferred Sales Trust
Estate Planning 101: An Introduction
What Is an Estate and What Planning Is Involved? It's important for you to understand what the word “estate” means so that you do not underestimate the broad scope of the term. The “estate” consists of all the property a person owns or controls. Examples of the more well-known items include personal property, real estate, bank accounts, insurance policies, business … [Read more...] about Estate Planning 101: An Introduction